Southern Land Company (SLC), a national real estate developer of award-winning mixed-use developments and master-planned communities, has celebrated the topping off of its mixed-use development project at the southeast corner of 5th and Spring Garden Streets. At 12 stories, Northern Liberties’ newest mixed-use development at 5th and Spring Garden Streets is SLC’s latest project in Philadelphia.
The celebratory event included remarks from SLC Vice President Brian Emmons and Philadelphia City Councilmember Mark Squilla. All guests were invited to sign an interior wall of the building.
“We are building in an incredible neighborhood, but in a particular location that has always been more of a pass-through area and not a prime location for design-forward residential development,” said Emmons. “We are changing that and introducing an opportunity to live in an area rich in character and convenience and in a building that will help spur more change and growth in the neighborhood. We are grateful to the Northen Liberties Neighbors Association, Councilmember Mark Squilla, and the Philadelphia City Planning Commission for supporting this project.”
SLC acquired the property at 418 Spring Garden Street in July 2022 and is the developer of the project. Rising 152 feet, the mixed-use project will feature 329 studio, one-, and two-bedroom luxury apartment homes. Amenities will include a state-of-the-art fitness center, several co-working spaces, a resort-style pool with surrounding cabanas, a dog spa, and a dog park with a double-sided bar. It will feature approximately 14,000 square feet of retail space.
The steel and concrete plank building was designed by renowned architecture and interior design firm Solomon Cordwell Buenz (SCB) and is being built by INTECH Construction. Additional consultants include Stantec, civil engineer; De-Simone, structural engineer; and Bala, mechanical and electrical engineer.
The project’s façade features industrial-inspired brick panels with black windows and steel accents. Inside, apartments will feature designer kitchens with quartz countertops, stainless steel appliances, lighted bathroom mirrors, private balconies, and more.
The project will include a variety of sustainability features, including operable windows in every apartment to allow for natural ventilation; below-grade stormwater retention tanks; green roofs and plantings to contribute to stormwater management and reduce heat island effect; 87 secure bicycle parking stalls for residents; and convenient access to public transportation, among others.
SLC expects to open the 5th and Spring Garden project to residents in late 2024.
SLC’s first project in Philadelphia was a 28-story apartment home tower at 3601 Market Street, which was completed in the summer of 2015. Additional projects in SLC’s Philadelphia portfolio include recently opened 48-story The Laurel Rittenhouse Square, which is the tallest residential tower in Philadelphia and offers ultra-luxury condominiums and penthouses; 1909 Rittenhouse, an upscale apartment home community that comprises the lower levels of The Laurel; and the under-construction 27-story mixed-use tower at 1620 Sansom Street, which is expected to open in 2024.
